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. and that means that we still have a big hole to fill. gwen: who is in that big hole? and why is it that month after month, and after month, it never seems to get more shallow? >> let's go back a little ways. a few months ago, the economy seemed to be having a nice head of steam. we were seeing very strong job growth numbers of 200,000 per month. and suddenly everything seemed to hit a wall. we've had a run of bad luck. we had very bad snowstorms earlier this year, a series of natural disasters here. the big hit came from gasoline prices that shot up to around $4 for gasoline because of the libyan rebellion. and finally the japanese earthquake and tsunami turned out to be a much bigger negative for us than we may have appreciated. because it cut off the flow of vital parts. put all those things together and it cost a lot of momentum. may very poor job numbers and in june, very poor job numbers. it was kind of surprising because in fact over the last few weeks, we had a wave of optimism because some of those tempering negatives seemed to be going away. as gasoline prices dropped and japan got b
, i think first of all the president realizes we have to get a big deal. as we discussed a couple of weeks ago or last week, charlie, if you don't send the appropriate signal to international financial communities, you can raise the debt ceiling but the interest costs are going to go through the roof. so it has to be a big deal and so i think he recognizes that. and i think speaker boehner subpoena looking at the reality of what's going to happen in 2013 without agreeing to what the president said. we're going to have 4.9% increases on taxes on everybody earning er $200,000 a year anyway just from the affordabl care act. so you'll see significant increase in taxes withoutany increased taxes put on the table. i think they can do a deal and i think a deal can get done if, in fact, we do take away a lot of the tax eendires and lower the rates so thatwe get an economic boom that would come a that. so i think it's still possible. i think things tend to happen in washington when they have to so my slope that something will come togher and occur. >> rose: how long do you think it will ta
carry out india's worst militant attack since 2008? big dreams from a tiny island. one of the world's smallest countries hoping for olympic success. hello. it could be another landmark moment in the phone-hacking scandal. we should know very seen whether the media tycoon rupert murdoch has agreed to be questioned by members of british parliament. his son, james, and rebecca brooks have also been invited to appear before the hearing. we can go live to westminster. it feels like we're on the deadline hour for learning whether rupert murdoch is going to say yea or nay to appearing. i don't suppose many are expecting him to say oh, go on then. >> i don't think so. for one thing, the parliamentary committees do not have the same powers as congressional committees and certainly they cannot force foreign citizens like rupert and james murdoch to appear before them. there is even a question mark over whether they can really force rebecca brooks, who of course is a british citizen to appear. if anyone buzz does of the three, it is thought that perhaps she will be the most likely. the lawyers
the markets. >> europe's leaders know they have to get over big political differences if the greek problem is to be solved. >> leaders have to raise above their domestic political agenda, and they will. proposals of the euro group on measures that will risk contagion in your area are you are intelligently needed. >> the fact they are still talking about proposals is surely alarming. this crisis is 18 months old now and investors may be losing patience. matthew price, "bbc news," brussels. >> feels like everyone is losing patience. the ireland situation, junk bond status according to moody. >> yes. the credit rating is now down junk status and by doing these cuts, moody's is doing -- showing that they need to agree and bring in a proper fix for this debt crisis, but it also raise this is discrepancy among the rating agencies. stacey dugard and fitch have ireland raised three notches above jupping status and moody's not only did they downgrade them to junk status but said there could be further doubts come. but the problem for poor ireland, they'll likely be forced to get rid of those bonds,
points of a plan-- no details. but what we can probably gather from this plan-- it has big tax increases in it and all the spending cuts will happen in the out years. well, how many times do politicians think they can pull that one over on the american people? >> reporter: the split among republicans made it difficult for party leaders to determine just what might pass the house. whatever it turns out to be, it still must be acceptable to senate democrats and ultimately to the president. this morning, the senate's majority leader democrat harry reid challenged house speaker john boehner to take matters in hand. >> right now, i'm at a point where we need to hear from the house of representatives. we've planned to go forward over here, but until we hear from the house all our work is for naught. i await word from the speaker. >> reporter: in the meantime, there's general agreement that translating the complex gang of six plan into legislation and votes before august second, is likely unrealistic. that could put the short-term emphasis back on a senate backup plan to let the president raise
of either of our two parties right now. and i think that is the big challenge right now. how do we basically develop a political platform and a mandate to do those four things. >> i would add a couple things. to what tom said which i basically agree with. but first there is a cultural element here. it's not just a problem in washington, it's a pblem in the culture. a nation where people have distrust of authority, don't trust government, unwilling to accept sacrice, feel very threatened, want pore government than they are willing to pay for, and so there has to be a gigantic education campaign to go under that. and then the second thing i would add, and tom talked about a hybrid politics, i uld say we'vead it. and we just have to rediscover it. and i go back perpeally to my hero alex aner hamilton who created this hrid politics it was not -- he got us out of the big government versus small government debat he stood for lited b energetic government to enhance social mobility. so people in the hamiltonian practise decision which include the wig party and the lincoln an republican party at the
, materials. >> that money could make a big difference to a lot of people. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: high-level democrats and republicans alike said today's meeting at the white house marked the beginning of the end game in reaching a final deal on deficit reduction. the president and congressional leaders convened in the white house cabinet room, amid talk of a grand bargain involving social security, medicare and tax reform. when it was over, mr. obama made an unscheduled appearance in the briefing room. >> i thought it was a very constructive meeting. people were frank. we discussed the various options available to us. everybody re-confirmed the importance of completing our work and raising the debt limit ceiling so that the full faith and
exposure to italian paper. even american banks have almost $300 billion. is italy too big to fail? >> well, certainly it is. i mean, if you have to think about a rescue package for italy no one today has the money to put it up. i mean, let's face it, as you said before, italy is six times the size of greece. so i think that everybody should be quite calm. today the markets were doing much better. it's true, as ken was saying before, part of the confusion arose because of a fight over an internal political fight between berlusconi and finance minister tremonte. but the decree for a large austerity plan was already passed. and it was because of this fight that the markets feared that maybe this decree was not going to be approved by parliament. today the situation has been clarified. by friday this package will be passed and, you know, italy is going to go on by adopting this plan and by 2014 it will have a balanced budget which is going to be quite an enviable situation if all of this will go according to plan. >> suarez: professor rogoff, the news of the austerity plan seemed to have calme
a big difference to a lot of people. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the debt ceiling deadlock in washington led to increasingly urgent appeals for action today. but even as talks resumed, white house officials warned not to expect a hallelujah moment. fresh alarms sounded on wall street and around the world today about the consequences of a potential u.s. government default. standard & poors joined moody's in warning the country's credit rating could be downgraded, if the government tries to pay just the interest on its debt. and china said it hopes the u.s. adopts responsible policies. the chinese hold more than $1 trillion in u.s. debt, more than any other foreign creditor. at a senate hearing, federal reserve chairman ben bernanke-- t
, to the red, white, and blue. in the big apple and elsewhere, the day will end with the usual bursts of color, lighting the night sky-- a once-a-year moment, cherished by millions. but, in some places, this year, the sky will be silent. raging wildfires and dry weather in arizona, new mexico, and texas have forced authorities to cancel fourth of july fireworks in certain areas. >> a lot of people are going to be really disappointed, i thinkç >> woodruff: the patriotic spirit isn't felt only in the united states. these u.s. soldiers stationed in southeastern afghanistan held a flag raising ceremony to commemorate the 4th. and at kandahar airfield general david petraeus spent his last independence day as commander of u.s. and nato forces in afghanistan, with the troops. petraeus set to take up his new job as c.i.a. director later this year, today administered the oath of re-enlistment to 235 service members.çç >> you can really feel the honor, especially when you get a general like general petreas come down and do it for us. it makes it really feel a lot more important to me. it'll be nice
every problem. that created problems for him. >> this is for the big attacks, like suicide attacks. are two major suicide attacks on me -- on my office -- there were two major suicide attacks me -oe -- on my office. >> are they still happening? >> taliban pou >> he came under fire from his allies -- taliban. >> he came under fire from his allies, too. there are reports that you support the taliban. >> that is in the past. >> never he did, -- whatever he did, ahmad wali was the point man for the allied forces. >> for more on the power vacuum the assassination leaves, i am joined by david ignatius. thank you for joining us. with ahmad wali karzai gone, who will fill his shoes? >> we do not know yet. the key strong man in this area of kandahar has been ahmad wali karzai. he said that wali karzai, who has been such a problem for the u.s. and coalition -- a corrupt or lower, -- corrup warlord -t d -- with him gone, they will look for somebody else, but it is not likely they can fill the role quickly. >> why did he say they worked too closely -- he worked to closely with the taliban? >>
planet. >> you hear about alternatives, right? wind, solar, algae. >> i think it's got to work on a big scale. and i think it's got to be affordable. >> so, where are they? >> it has to work in the real world. at chevron, we're investing millions in solar and biofuel technology to make it work. >> we've got to get on this now. >> right now. the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: much talk, but little movement: the high-stakes debt and deficit impasse continued today, and last night's dueling primetime speeches by president obama and speaker boehner only seemed to reinforce the bitter stalemate over raising the country's borrowing limit. newshour congressional correspondent kwame holman begins our coverage. >> reporter: it was house speaker john boehner who had the last word
on the show time series the big c. here's a look at that series. >> the doctor. oh, pardon me, sir. dr. sherman, hi. my name's kathy. >> i'm the nurse. >> you're not a drug rap, are you? >> no, no, i'm not. i'm a dying woman who is trying to see the right doctor and ask him if he s any advice on how to save my life. the best i can do is spend the last two hours a day on hold from your office to find out if anyone's canceled. that's not okay. >> i'm going to asyou to leave. >> i will not leave. >> charlie: the big c is currently airing on show time mondays at 10:30 p.m. i'm pleased to have laura lean -- laura linney back at this table. >> thank you, charlie. >> charlie: when you look at that, what do you think? >> it's a weird, you know sort of tapestry of what you feel and i always feel slightly embarrassed when i look at myself. >> charlie: really? you don't look at this clinically and say i can't wait to have somebody watch it. >> i also good off camera. i give performances off camera to people who would never -- i mean, on camera i try my best. but there's, the further i get awa
think it's got to work on a big scale. and i think it's got to be affordable. >> so, where are they? >> it has to work in the real world. at chevron, we're investing millions in solar and biofuel technology to make it work. >> we've got to get on this now. >> right now. the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: another blistering forecast greeted millions of americans today. the unrelenting hot weather broke a series of records, and triggered warnings in state after state. >> judging by the -- large portions of the country the sweating is way from over with temperatures over 100 degrees and above. >> how hot do you think it is. >> 109. >> in wichita, a high yesterday of 111 degrees, breaking a record set in 1982. it was expected to hit 103 today, the 20th straight day of t
alternatives, right? wind, solar, algae. >> i think it's got to work on a big scale. and i think it's got to be affordable. >> so, where are they? >> it has to work in the real world. at chevron, we're investing millions in solar and biofuel technology to make it work. >> we've got to get on this now. >> right now. the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: twin bombings shattered the calm in a city north of baghdad today. more than three dozen iraqis were killed, with 50 or more wounded. it was the latest sign of rising violence as u.s. troops prepare to withdraw. the charred remains of a car bomb littered a street in the city of taji this afternoon. it blew up in the parking lot of a local government building, damaging nearby businesses and killing dozens of people. as ambulanc
' point is white. these are tiny, tiny little drops in a big ocean. there is not enough in corporate jets or even the hedge fund guys, although i would like to. they have to raise revenues, i hate to say it, on the middle class. this is the point that gets lost on this. everybody is in this boat. there is no way out of it unless every single american does something. >> raise revenues on the shrinking middle class, mark. >> everybody is in it, and evan is right -- evan addressed the possibility of default. when that happens, the federal government of the united states, which bars or 40 cents of every dollar we spend every single day, is faced with the option -- do you pay a sergeant in combat in kandahar, a grandmother with a 1-bedroom apartment in social security check, or to meet the obligations of bankers who are holding their debt in beijing and beverly hills? the answer is simple. the prior claim is on the second group. the reality is we are talking about -- the president is proposing increasing taxes, revenues, by 1% over the next 10 years. $400 billion. we are going to collect $39 t
we have seen from the taliban is a change in tactics. those big attacks that would result and many civilian casualties, they are not the main forced of attack. what we are seeing is assassination of political leaders. ahmad wali karzai one of the biggest casualties. >> the former british prime minister gordon brown said that alleged links between rupert murdoch's news company and the criminal underworld need to be investigated. mr. brown whose son was diagnosed with cystic fibrosis, spoke about his shock that they were targeted. she spoke exclusively to glen campbell about allegations she was targeted. >> i have never talked publicly about fraser's condition. obviously, we wanted that to be kept private for all of the obvious reasons. you want to do the best buy your children. and i've never complained about what happened to me before. the truth is that information did come out. i was approached by some newspaper. they told me they had this story about fraser's medical condition and they were going to run this story. >> how did that affect you as a father? >> in tears. your son is
. the journey ended in bakersfield. today, the big employers here are oil and farming, but the biggest employer of all by far, is the u.s. government, in the form of the military. when america boom, bakersfield. . -- when america boomed, b baker'so feel toomed. all across the south, there are the same basic problems, not enough credit to solve the housing market. >> general david petraeus is regarded as one of america's best and brightest. he's about to begin a new job as head of the cia. our diplomatic editor has been talking to general petraeus on his way home from afghanistan about america's longest war and other matters. >> nato forces in afghanistan have a new commander. general david petraeus is on the way home. he had been expected to serve longer but has been recalled to head the cia. the force he is leaving behind is now being quicker than he recommended. the insurgency has shown itself capable of hitting back with the assassinations and spectacular attacks. nato insists that they're winning. i asked the general what the possible grounds for optimism could be. >> what we have seen now
sniping on a mission that we joined. there is still a big problem with corruption. the question now, will the afghans be able to do the job the british soldiers have been doing as they start to leave? >> for more on these challenges and calls for an even quicker drawdown of u.s. troops, i spoke earlier with a former adviser to the u.s. military in afghanistan. so, seth, have david cameron asking the taliban to stop fighting, put down their weapons, join the political process. what do you think the chances are that might happen? >> there are elements of the taliban and other insurgent groups that are willing to talk about this option. they have been fighting for three decades in afghanistan. people are tired. i think right now what we're seeing is some elements willing, some elements unwilling. based on the fact that many of them believe they are winning right now, that the u.s. and other allies are leaving, i think it is unlikely that they will cut a deal now. not wait it out -- why not wait it out? >> to what extent is the taliban looking at things like this letter-signing, seeing
of reasons for this we can discuss-- is as high as it's been. >> rose: so that's really one of the big questions. >> in europe it's the same thing. >> rose: u.s. leadership. >> yeah. >> rose: what is it you thi they expect from the united states in 2011 and twelve after all that's taken place? the economic collapse that we had. the wars we were engaged in and two that we are still engaged in in different levels. what does the world want from america? >> well, leadersh, i think, is the short answer to the question. but we can start with asia and go to europe and go to the middle east. in asia, they want the ited states to be present. they wanthe united states that ey can count on to meet its obligations anpromises t ales and partners, and we have been doing that. you know, this is a mistake... not mistake. it's not a coincidence that secretary clinton took her first trip as secretary of state to asia. >> rose: and she's back in india as we speak. since dean rusk in 1961. and we have really engaged... they want u.s. presence. i think the asians want to see the unitedtates engaged and, by
to take on our deficit is with a balanced approach. one where the wealthiest americans and big corporations pay their fair share too. >> reporter: meanwhile the leader of the democratic majority in the senate, harry reid, has been working on a competing proposal. it would raise the debt ceiling and cut $2.7 trillion in spending. the savings would come from federal agencies and defense spending but avoid controversial changes to entitlement programs and the u.s. tax code. >> so now all the republicans have to do is say yes. unfortunately, the republicans who used to run the congress on the caucuses are being driven by the radical, right wing that is so in tune with the tea party. they want their leaders to ignore the american people as they're doing. they want their leaders to ignore the business leaders like the chamber of commerce that they're ignoring. and even a majority of republicans around this country want something to happen and they're refusing to do that. >> reporter: this afternoon reid's plan got official endorsement from the white house spokesman describing it as a
to create the next big thing? but make sure that production is here. >> brown: it was the third such social media event for the president this year. in april, he took part in a town hall hosted by facebook, and in january, he answered video questions submitted via youtube. for the president and other politicians and leaders, twitter especially has become an increasingly essential communications tool. republican mitt romney used the service in early june to announce to his followers he was running for president. and then, to keep them in the loop about campaign events. and with more than half a million followers, former vice presidential candidate sarah palin is a frequent user, sometimes posting multiple times a day. but there are also cautionary tales including, most recently, congressman anthony weiner, whose tweeted sexual messages and photos opened him to ridicule and ended in his resignation. >> now, our next question comes from someone you may know-- this is speaker boehner. >> oh, there you go. ( laughter ) >> brown: as for today's town hall, some of the president's political opponen
of confidence. they're concerned with the really big question that dominated all of american politics. how do you regrouped project america when the government is running out of money and the people are no longer prepared to pay more in taxes? this man looks like your typical computer science professor. he could really do with a new bicycle. he can certainly afford it. in a light 90's, he had two students, an enterprising duo that promised him a share in their new business if he gave him their advice. how much are you actually were? >> i don't like to answer that question. -- how much are you actually worth? >> more than a billion? >> that would not be completely inaccurate, let me put it that way. >> and billionaire professor who carries his own chipped tea mug. he is probably the richest academic in the world. he worries that in obama's america, wealth has become a dirty word. >> we should be empowering these people. we should be encouraging the next generation but i think there is almost a hostile attitude towards the people that have been successful in this country and the people that are
such a big hit already, it probably won't make that much difference to the public standing, the public in which they find themselves. >> so what do you think really was the overriding factor here? is it a moral decision, media decision, or business decision? >> well, it's obviously a business decision, clearly. but i think other things come into it, and we don't know, we can't be party to the discussions and internal investigations that have gone on. she was editor of "news of the world" during the period in which some of the worst examples of hacking, the hacking into milly dowler, the 7/7 bomb victims' phones, and in view of that, that revelation itself should have led to her resignation. it's possible she's resigned a couple of times, it's been rejected, and finally, perhaps on the third occasion, murdoch and his advisors decided, ok, fair enough, it's time she went. >> it's strange, though, isn't it? just a few days ago, speaking to "news of the world" journalists, she said they would understand why the newspaper had to close, because she was privy to information that was going to
't you going against the policy that's in place where you're at?" >> smith: manning was taking a big risk. under the army's "don't ask, don't tell" rules, gay soldiers, like manning, were required to keep their sexual orientation secret. his friends also worried about his political activism. >> in his facebook profile, he posted signs and pictures at his presence at rallies. >> smith: gay rights rallies? >> right. this struck me as very dangerous to his position. i mean, i admired him for his... you know, for his courage on this, but i thought it might be a little bit foolhardy. >> smith: during this period, manning also started a relationship with a young man from upstate new york named tyler watkins. on weekends, bradley would visit him in boston, where watkins was studying. during those trips, the young intelligence analyst also found a new group of friends, computer science students and hackers. at the time, wikileaks was already making headlines, and julian assange was an admired figure among hackers. boston opened new doors for manning, but he had a problem back on base. >> he thoug
have had their phones tapped into. there's a big police investigation going on at the moment. the police, themselves, are under a lot of pressure because politically if they were the ones that said it was just a few isolated incidents. the reason why it's really explosive is because originally the executives at the news of the world claimed that it was just a few bad apples at the newspaper, just a few rogue reporters. now that defense has been unraveling for the last few months. that means people like rebekah brooks, the uk team executive of news corp., she is now right in the firing line because people want to know what she knew about it. >> we will leave it there. thank you very much. aid agencies are warning that people's lives are risk if east africa faces what is being described as its worst drought in decades, possibly a up to six years. and million people in the horn of africa are expected to have food shortages. tens of thousands of been on the move seeking aid in rescue decamped in kenya. one of those agencies has said this is a preventable disaster. i asked the u.n
have seen last sites before and this is really, really big. and the fact that it can have so much for the nation behind it is quite unbelievable. -- coordination behind it is quite unbelievable. >> al-shabab says there is no famine in the country and accuses the u.n. of examined -- a guy during the drive for political reasons. aid agencies remain in place. caroline hawley reports. you may find some of these images distressing. >> the refugee camps in kenya. the body of a charm lies next to those still struggling for life. -- of a child lies next to those still struggling for life. a combination of war and drought has created a devastating emergency, displacing huge numbers of somalis with in their own country, too. the capital, mogadishu, is not safe. it is still a magnet for people in need. >> she is 80 years old and she is taking care of five children. she is the grandmother. the father and mother died because of disease. >> the hardline islamic group al-shabab has links to al qaeda and is fighting the western government of somalia. the government is in control of olli the cente
? >> i think she probably wod have made similar decisions. i mean, the big difference between them... >>. >> rose: she was more hard line than he was and it'said she is even today in the councils of government. that she was more allied with bob gates than she was... >> yeah, that was the big difference during the campaign between them and that was what got oba doing soell in iowa was his rly opposition. >> rose: she supported the war even though it was just based on a speech that he'd written. so the last question is what's it going to take so that this is no longer true? >> think that it's going to be with us, charlie, for a very, very long time. and the reason i say that is that as the years go by it isn't that apresident has to think about vietnam, because vietnam has now insinuated itself int the d.n.a. of every presidt. now you think of code words. you think out having a clear exit strategy. >> rose: right. >> of giving clear instructions to the military. what are you really saying? you're really saying "i don't want another vietnam," but you don't articulate the word. you liv
speaking, it's a big blow for the karzai administration. you know, it'sçç confidant, relatives, high-level aides going back into april some of them are being killed. but more than who is doing it or who it's happening to, i would put it altogether by saying it's a real danger for the stability of the government and it makes it seem as if as the americans and nato begin to pull out, it's really not clear who is in control. it's really not clear where these chips are going to fall. >> you wrote aboutç that ioç oe of the recent pieces for the post that the tenor of kabul is changing. people seem to be preparing for that day when the last u.s. troops are out of there and trying to figure out where the power is going to be. >> exactly. people are very nervous and scared. the last time a super power was involved in afghanistan and suddenly left, which was of course the soviet union in 1989, it wasn't long after that that civil wary rupted which was incredibly vicious and destructive and destroyed much of the capital. nobody thinks that's going to happen now but they're worriedç that s
Search Results 0 to 32 of about 33 (some duplicates have been removed)